NOT LISTED FOR SALE

Estimated Value: $101,000 - $142,000

1 Bed
1 Bath
-- Sq Ft
$408/mo HOA Fee

Last Sold March 27, 2015

Last sale price $63,000

Est. 93% increase in value since last sale

Current estimated payment $1,197/month

115 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of March 2015

Rare penthouse unit in one of Trolley Squares most desirable condos, The Dorset. This is a really great unit at a really great price offering panoramic views of the Wilmington skyline. This unit features an open layout perfect for entertaining, updated kitchen with stainless steel appliances, tile back splash, granite counter tops, and recessed lighting. Whether you are looking for a pied-a-terre or a place to call home, this is one you will want to check out today. This building offers a lock it and leave it lifestyle with ALL utilities included in the condo dues, even basic cable. Don't worry about mowing the lawn on hot summer days, or breaking your back shoveling snow in the cold of winter, just park your car and walk right into the warmth of the beautiful lobby. Current owner has month to month lease for a garage parking space(purchaser should independently verify if current lease can be assigned.) Sleep easy knowing the building has a 24 hour surveillance cameras and a full time security guard whose got your back and welcomes you with a smile when you come home. The building has its own laundry and mail. Located within walking distance to Wilmington's Central Business District, restaurants in Trolley, and the Brandywine Park. Very quick access to I-95 N and South for the commuters. Both Christiana and St. Francis Hospitals are just a hop-skip and jump. The Condo association has invested $1.75M in the past 7 years for capital improvements, take it as a sign of financial stability. The Dorset is an FHA Approved Condo! This is a self managed condo, which helps to keep the fees so reasonable. This building, and this unit in particular are calling your name, get here today to take a look!

Last Agent to Sell the Property

Eddie Riggin

RE/MAX Elite Listed on: 11/09/2014

Co-Listed By

Travis L. Dorman

RE/MAX Elite

Last Buyer's Agent

Alexander Bartel

Keller Williams Realty Wilmington

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

Lot Details

  • Property is in good condition

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 093.C.1603
  • Assessor Parcel Number 26-020.40-093.C.1603

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, electricity, heat, water, sewer, insurance, alarm system
  • The Dorset Community
  • Dorset Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Refrigerator
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: Rare penthouse unit in one of Trolley Squares most desirable condos, The Dorset. This is a really great unit at a really great price offering panoramic views of the Wilmington skyline. This unit features an open layout perfect for entertaining, updated kitchen with stainless steel appliances, tile back splash, granite counter tops, and recessed lighting. Whether you are looking for a pied-a-terre or a place to call home, this is one you will want to check out today. This building offers a lock it and leave it lifestyle with ALL utilities included in the condo dues, even basic cable. Don't worry about mowing the lawn on hot summer days, or breaking your back shoveling snow in the cold of winter, just park your car and walk right into the warmth of the beautiful lobby. Current owner has month to month lease for a garage parking space(purchaser should independently verify if current lease can be assigned.) Sleep easy knowing the building has a 24 hour surveillance cameras and a full time security guard whose got your back and welcomes you with a smile when you come home. The building has its own laundry and mail. Located within walking distance to Wilmington's Central Business District, restaurants in Trolley, and the Brandywine Park. Very quick access to I-95 N and South for the commuters. Both Christiana and St. Francis Hospitals are just a hop-skip and jump. The Condo association has invested $1.75M in the past 7 years for capital improvements, take it as a sign of financial stability. The Dorset is an FHA Approved Condo! This is a self managed condo, which helps to keep the fees so reasonable. This building, and this unit in particular are calling your name, get here today to take a look!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Floors In Unit Count: 16
  • Room List: Living Room, Primary Bedroom, Kitchen, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Street Number Modifier: 1301

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 408.00
  • HOA Fee Frequency: Monthly
  • Additional Association Fees: Hot Water
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Electricity, Heat, Water, Sewer, Insurance, Alarm System
  • HOA: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545

Lot Info

  • Improvement Assessed Value: 32400.00
  • Land Assessed Value: 12100.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: 26R5C

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2398798
  • Tax Annual Amount: 1790.00
  • Assessor Parcel Number: 26-020.40-093.C.1603
  • Tax Lot: 093.C.1603
  • Tax Year: 2014
  • Close Date: 03/27/2015

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2010
Sold by
Reilly Brion F
Bought by
Hoeschel Nicholas J and Hoeschel Peter
Current Estimated Value
$121,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2002
Sold by
Cummings John G
Bought by
Reilly Brion F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
6.03%

Purchase Details

Closed on
Jun 13, 2002
Sold by
Ryan Willard G and Ryan Genevieve H
Bought by
Cummings John G
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoeschel Nicholas J $88,500 None Available
Reilly Brion F $64,900 --
Cummings John G $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marden Matthew $59,015
Closed Hoeschel Nicholas J $70,800
Previous Owner Reilly Brion F $64,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $63,000 -8.4% --
03/04/2015 03/04/15 Pending -- -- --
01/15/2015 01/15/15 Price Changed $68,800 -1.4% --
12/10/2014 12/10/14 Price Changed $69,800 -0.1% --
11/09/2014 11/09/14 For Sale $69,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,389 $44,500 $12,100 $32,400
2023 $1,207 $44,500 $12,100 $32,400
2022 $1,212 $44,500 $12,100 $32,400
2021 $1,210 $44,500 $12,100 $32,400
2020 $1,217 $44,500 $12,100 $32,400
2019 $2,112 $44,500 $12,100 $32,400
2018 $1,212 $44,500 $12,100 $32,400
2017 $1,209 $44,500 $12,100 $32,400
2016 $1,146 $44,500 $12,100 $32,400
2015 $1,886 $44,500 $12,100 $32,400
2014 $1,396 $44,500 $12,100 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003146124

Bright MLS

APN: 26-020.40-093.C-1603